Apple's Next Big Leap Forward

Rolfe Winkler

Apple is yet to tap the world's biggest pool of potential iPhone buyers: China Mobile's customers. That is set to change. When and how will help determine whether the U.S. technology company's flagging stock can regain momentum.

At about $395, Apple's shares have fallen 44% from an all-time high hit last September. Once the most valuable company in the world by market capitalization, it recently ceded that crown back to Exxon Mobil. Adjusted for net cash, its market cap also has just been surpassed by archrival Google.

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Apple Could Soon Dial Up China

Apple is yet to tap the world's biggest pool of potential iPhone buyers: China Mobile's customers. But that could soon change. Heard on the Street's Rolfe Winkler joins MoneyBeat.